Category Archives: Wealth

Circumstances Change

Somewhere in the world right now there’s a person who is working 10 hours a day doing manual labour and making minimum wage. He realizes his life could be much better so he saves what he can to build the future that he wants. He believes that he can change his circumstances in life by working hard, and having… Read More »

Canada’s Richest

Meet the 5 wealthiest peoples in Canada, their net worths, and their source of wealth. 1) Thomson family. $26.1 billion. +30% from previous year. Thomson Reuters, Globe and Mail. 2) Galen Weston. $10.4 billion. +24% from previous year. Loblaw Cos. Ltd., Holt Renfrew 3) Irving family. $7.9 billion. -3% from previous year. Irving Oil ltd., J. D. Irving Ltd. 4) Rogers family. $7.6 billion. +18% from previous year. Rogers… Read More »

Invest in China – Chinese Foreign Investment

Want to invest in China? The Shanghai stock market index (SSE) has returned an embarrassing -22% in the last 5 years. A buy and hold strategy would have lost money. Doh! The Chinese stock market is too mainstream anyway. So I’ve developed a better strategy to invest in the world’s second largest economy. My plan is a bit risky, and you’ve probably never… Read More »

Personal Finance Lessons from Bill Gates

Remember in Marvel’s The Avengers movie when Tony Stark (Iron Man) bragged about being a “genius, billionaire, playboy, philanthropist.“? Well I think Bill Gates is like the real life version of that 🙂 How many times have we heard negative connotations towards money like the following phrases? Money is the root of all evil, money corrupts, money can’t… Read More »